As a real time reminder of the energy transition challenges, the trip of Origin’s Eraring unit 2 was a significant driver of the price spike in NSW to $15,100/MWh on Tuesday 21st February 2022.
Here’s just a couple of the strange things that are going on in the NEM this afternoon … particularly in QLD and NSW
Some ‘interesting’ price outcomes seen today in NSW and QLD.
Third article already today … this one about AEMO and Reserve Trader in the NSW region.
A short morning article, looking forwards to this evening’s forecast tight supply/demand balance (and possible load shedding) in the QLD region.
AEMO now asking for ‘Generator Recall Information’ for generators in NSW with LOR2 conditions forecast on Tuesday … and forecast demand levels in QLD for Wednesday 2nd February up near the all-time maximum.
A quick look at this evening’s volatility.
Some price volatility in NSW and (especially) QLD region on Thursday 11th November 2021.
[CORRECTION – CLOSE TO] Second region to fall lower on Sunday 31st October 2021, in terms of Minimum Scheduled Demand, was the NSW region
Capping off a weekend of new low points for minimum demand in NSW, and NEM-wide (and some near misses elsewhere) this table sums up where the low points sit.
A quick look backwards, later in the afternoon, at the new ‘lowest ever’ point reached for demand in the NSW region.
A short note to recognise that the ‘low point record’ has been nudged lower on several fronts already (Sun 17th Oct) … and forecast to drop further still
Looks like AEMO will be announcing a new ‘lowest point’ for Operational Demand in NSW later, given what has happened on Monday 4th October 2021 (Labour Day holiday).
Sunday afternoon saw demand in NSW hit new historic lows for the second weekend in a row.
[POSTED AT ~13:00] On Sat 11th Sept 2021, the ‘Grid Demand’ in the NSW region has dropped to levels not seen for many, many years … especially when considering it is in the middle of the day!
A quick record of some morning volatility in QLD and NSW … both due to tight supply/demand balance with interconnectors constrained.
A short article that might be referred back to later following a spot price spike (in QLD and NSW), and what looks like demand response (in QLD).
Some brief notes about a morning price spike today in NSW (Wednesday 14th July 2021).
A snapshot of the start of price volatility in QLD and NSW on Monday 12th July 2021.
Now making it 5 out of the past 6 years, we return to the analysis of electricity (spot and futures) pricing patterns for Q2 periods across the NEM regions … and also in Western Australia. We see a number of ways in which Q2 2021 was ‘anything but boring’!